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MaxLinear MXL Operating margin

Operating margin at other companies

Skyworks Solutions logo
Skyworks SolutionsSWKS
9.1%-2.8pp
Analog Devices logo
Analog DevicesADI
32.5%+9.8pp
Texas Instruments logo
Texas InstrumentsTXN
35.3%+1.0pp
Qualcomm logo
QualcommQCOM
25.5%-1.6pp
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
16%+4.2pp
Broadcom Inc. logo
Broadcom Inc.AVGO
43.4%+7.4pp

Other financials

Income statement

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Revenue$137.2M+43.0%
Gross profit$78.9M+46.5%
Operating income-$17.2M+62.7%
Net income-$45.1M+9.2%
EPS (diluted)-$0.52+10.3%

Balance sheet

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Cash & equivalents$61.1M-40.6%
Total debt$151.2M+1.6%
Total equity$454.2M-7.9%
Total assets$771.3M-9.8%

Cash flow

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Operating cash flow-$8.9M+22.2%
CapEx$1.4M-30.4%
Free cash flow-$10.3M+23.4%

Valuation

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Market cap$7.95B+63.6%
Enterprise value$8.04B+65.1%
P/S15.6×+2.2×

Profitability

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Gross margin57.2%+2.0pp
Net margin-26%-9.5pp
FCF margin2%+1.0pp

Returns & leverage

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Return on equity-27.9%-6.3pp
Debt / equity0.3×0.0×
Current ratio1.7×+0.1×

Where this comes from

Calculated from MaxLinear’s reported figures.

Based on trailing twelve months.

The official record: MaxLinear’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MaxLinear's operating margin?
MaxLinear (MXL) reported operating margin of -19.3% in Q1 2026.
How has MaxLinear's operating margin changed year-over-year?
MaxLinear's operating margin increased by 64.3% year-over-year, from -53.9% to -19.3%.
What is the long-term trend for MaxLinear's operating margin?
Over 5 years (2020 to 2025), MaxLinear's operating margin has grown at a 5.1% compound annual growth rate (CAGR), from -21.1% to -27.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.